$164,000
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612 Lansing Avenue Jackson, MI 49202
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Jackson City
Subdivision C E Webb'S N Add
MLS Listing ID 25012505
Sold Date 08/21/25
Year Built 1920
Annual Tax Amount $2,451
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 72x228
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
This 4 unit apartment building has been fully remodeled with new, long lasting laminate and vinyl plank flooring, water heater, and appliances. This investment is professionally managed and city certified, and priced at an above average 10% CAP rate. A four-plex provides a more stable income since 3 units pay the mortgage.
- All 4 Apartments Remodeled
- New exterior paint on building decks, and stairs.
- New Laminate and Vinyl plank flooring
- New Water heater
- Parking for 6
- Professionally managed and maintained
- City certified until March 2026
- Excellent location
- Long-term tenants, pre-screened by property management
Location
State MI
County Jackson
Area Jackson County - Jx
Direction Lansing Ave N of W Ganson St and S of W North St.
Rooms
Basement Full
Interior
Heating Forced Air
Fireplaces Number 1
Laundry None
Exterior
Parking Features Asphalt, Driveway, Paved
Utilities Available Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 6
Building
Lot Description Level, Sidewalk
Structure Type Vinyl Siding
New Construction No
Schools
School District Jackson
Others
Tax ID 2-113800000
Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional, Tax Def Exchange
Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional, Tax Def Exchange
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Bought with ERA REARDON REALTY, L.L.C.
